Peloton plans to spend about $400 million to build its first U.S. factory in Ohio.

DETROIT – A revamped version of the Jeep Grand Cherokee SUV with three rows of seats will roll off the assembly line this spring at a restored Detroit factory complex. Fiat Chrysler unveiled the Grand Cherokee L on Thursday and said production would start by the end of March. It hired 3,850 people to work at the company's first new auto plant in Detroit in nearly three decades. Current versions of the Grand Cherokee are now being built at FCA's Jefferson North plant in Detroit. Once Detroit Assembly is up and running, Jefferson North will be converted to build the new versions, FCA said.

MEXICO CITY General Motors announced Thursday that it is gradually restarting operations at engine and transmission plants at two of its four manufacturing complexes in Mexico. The Mexican government had said that auto companies could start preparatory work for reopening their operations May 18, but that a full re-opening wouldnt occur until June 1. U.S. officials have pressured Mexico to allow factories to resume operations after shutdowns to stem the spread of the coronavirus. They argue that the integrated supply and production chains throughout the three nations of North America make plants in all three countries dependent on each other. GM, whose Mexican plants have been shuttered for almost two months, said it is complying with all the government requirements.